AU Bank Car Loan Features, Benefits & Interest Rates

Today, having your own car has become a necessity as you don’t need to depend on any other transport system for daily commuting or leisure travelling. So, if you are planning to buy a car but don’t have enough funds, you can apply for an AU Bank Car Loan available at attractive interest rates. The best part? You can apply for it with minimum paperwork. 

Our Car Loans enables you to borrow funds to buy a new/pre-owned four-wheeler vehicle. You can apply for a Personal Car Loan or Commercial Car Loan depending on whether you want to use the car for self-use or for commercial purposes.  

• Get financing for new and used cars
• Avail customised loan offerings
• Minimum paperwork
• Simplified loan processing to ensure transparency throughout the process
• Wide network base with 940+ touchpoints
• Existing customers can be eligible for Pre-Approved Car Loan offers

You can borrow funds to buy a new or old four-wheeler vehicle. However, before applying, it is always advisable to use the Loan EMI Calculator to check for Car Loan eligibility. It helps you determine how much loan you can afford to borrow and the EMI you must pay every month. 

Whether you want to purchase a new car for your rental business, taxi services, or travel agency, you can opt for our Commercial Car Loan. If you already own a commercial vehicle, you can pledge your vehicle and get a Loan  to meet your business-related financial obligations. 

When you decide to take a Car Loan, you should have sound financial backing to repay the loan on time. Using the  Car Loan Calculator will help you determine the maximum amount you can afford to borrow so that the EMI fits your budget. Thus, using Car Loan EMI Calculator helps make an informed borrowing decision.

Using the Car Loan EMI Calculator is easy. You need to enter essential details such as the loan amount, interest rate, and loan tenure in the relevant fields. The online tool helps get accurate information on the EMI, interest payable, and the total cost of the loan. 

Applying for a Car Loan via AU 0101 App:

• Login to AU 0101 App
• Click on ‘Apply Now’
• Select Car Loan, and you would get to choose between Used Car Loan and New Car Loan.
• Select the product as per your requirement and proceed further

You can also apply for a Car Loan through offline mode; you can call our Customer Care @ 1800 1200 1200 or visit the nearest AU Bank branch. If you are an existing customer, you can connect with your assigned Relationship Manager/Personal Banker to get the Car Loan details.